Home Loan Options by Scenario
Since 1999, GMFS Mortgage has been CHANGING LIVES by helping our customers find the best home loan solution for their situation. As a general guide, we have provided links to mortgage products that typically work best for each home loan scenario below.
*Due to COVID-19 pandemic, there are temporary changes in some programs regarding qualification criteria.
Contact a GMFS Mortgage Loan Officer today!
No down payment or low down payment to purchase a home
100% Financing (No Down Payment)
VA Home Loan
Rural Development/USDA Loan
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Low Down Payment Options:
HomeReady
Home Possible
First Responder Offer
Purchase Advantage (LA only)
First time home buyer
(loan less than $726,200)
Refinance mortgage to save money or get additional cash
Refinance
Cash-Out Refinance
FHA Streamline Refinance
First Responder Offer
Purchase Advantage (LA only)
By refinancing your existing loan, your total finance charges may be higher over the life of the loan.
Buying a home in a rural area
Home borrower is a military Veteran
Purchase a second home or investment property
Home borrower is a First Responder
GMFS Mortgage First Responder Offer
Law Enforcement | Fire Fighters | EMS Medics
Disaster recovery home loans
Non-Traditional Home Loan & Self-Employed Borrowers
Established
Over 140,000 customers and $27 billion in residential mortgage funding in 23 states
Efficient
Processing, underwriting, and closing under same roof means smooth & predictable closings
Trusted
A+ rating with BBB and winner of Torch Award for Marketplace Trust
Experienced
GMFS staff has an avg. of 14+ years of mortgage industry experience